Wednesday, Apr 21, 2010
Cambridge Uni Director of Studies in Economics at Robinson College says keep NI rise but devalue ste
Accounting Web: Cambridge fellow slams NI detractors
Basically says NI rise will increase labour cost, but let's devalue sterling to stay competitive. And so, in order to raise a
ere £6bn, Cambridge Fellows is happy all in the Sterling land to suffer from further devaluation.
Posted by easybetman @ 06:32 PM (313 views) Add Comment
2 Comments
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1. drewster said...
A rise in NI and a falling pound? That's a double-whammy for workers: they earn less after tax and the pounds that they do earn are worth less. FAIL.
2. doomwatch said...
Doesn't Oxbridge own masses of land and property . I mean a real load of it.